If you live in India and plan to spend money on goods or services, there’s an extra step you’ll have to do before you can pay your bill — but the GST refund process makes it worth your time! GST refers to Goods and Services Tax, a new form of taxation India has tested since…
Refund has always been considered as the most peculiarized feature of GST regime. The mechanism of sanctioning refund is an essential process as it facilitates trade through release of blocked funds. Refund of ITC is an integral part of GST. Due to technicalities involved, numerous efforts have been made to streamline and standardize the whole…
